Abhranil Munsi

UP4051

Indian cities are at the brink of a significant transformation, with a surge in major infrastructure projects, particularly in roads and transportation, including an increasing number of metro rail projects in both established and emerging urban centers. Research suggests that big-ticket infrastructure projects can influence neighboring land and property values, but the relationship is not straightforward and is influenced by a variety of factors. This research aims to explore and investigate a range of factors that might affect a city’s property market by analyzing the influence of spatial proximity to metro stations in three cities: Ahmedabad, Mumbai, and Chennai.